$AA
Alcoa Corp Stock $aa

$aa Overview Financials Valuation SEC Filings Company Website

2021 Q3 Form 10-Q Financial Statement

#000156459021052672 Filed on October 28, 2021

Income Statement

Concept	2021 Q3	2020 Q3
Revenue	$3.109B	$2.365B
YoY Change	31.46%	-7.87%
Cost Of Revenue	$2.322B	$2.038B
YoY Change	13.94%	-3.87%
Gross Profit	$787.0M	$327.0M
YoY Change	140.67%	-26.85%
Gross Profit Margin	25.31%	13.83%
Selling, General & Admin	$53.00M	$47.00M
YoY Change	12.77%	-28.79%
% of Gross Profit	6.73%	14.37%
Research & Development	$8.000M	$6.000M
YoY Change	33.33%	-14.29%
% of Gross Profit	1.02%	1.83%
Depreciation & Amortization	$156.0M	$161.0M
YoY Change	-3.11%	-12.5%
% of Gross Profit	19.82%	49.24%
Operating Expenses	$217.0M	$214.0M
YoY Change	1.4%	-16.73%
Operating Profit	$570.0M	$113.0M
YoY Change	404.42%	-40.53%
Interest Expense	-$33.00M	$41.00M
YoY Change	-180.49%	-213.89%
% of Operating Profit	-5.79%	36.28%
Other Income/Expense, Net	-$15.00M	-$45.00M
YoY Change	-66.67%	66.67%
Pretax Income	$497.0M	$22.00M
YoY Change	2159.09%	-142.31%
Income Tax	$127.0M	$42.00M
% Of Pretax Income	25.55%	190.91%
Net Earnings	$337.0M	-$49.00M
YoY Change	-787.76%	-77.83%
Net Earnings / Revenue	10.84%	-2.07%
Basic Earnings Per Share	$1.80	-$0.26
Diluted Earnings Per Share	$1.764M	-$0.26
COMMON SHARES
Basic Shares Outstanding	187.0M	186.0M
Diluted Shares Outstanding	191.0M	186.0M

Balance Sheet

Concept	2021 Q3	2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.452B	$1.736B
YoY Change	-16.36%	106.42%
Cash & Equivalents	$1.452B	$1.736B
Short-Term Investments
Other Short-Term Assets	$270.0M	$308.0M
YoY Change	-12.34%	-6.38%
Inventory	$1.702B	$1.398B
Prepaid Expenses
Receivables	$769.0M	$516.0M
Other Receivables	$92.00M	$95.00M
Total Short-Term Assets	$4.285B	$4.053B
YoY Change	5.72%	11.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.679B	$7.250B
YoY Change	-7.88%	-8.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.146B	$1.034B
YoY Change	10.83%	-7.18%
Other Assets	$1.387B	$1.913B
YoY Change	-27.5%	-3.58%
Total Long-Term Assets	$9.912B	$10.20B
YoY Change	-2.79%	-7.53%
TOTAL ASSETS
Total Short-Term Assets	$4.285B	$4.053B
Total Long-Term Assets	$9.912B	$10.20B
Total Assets	$14.20B	$14.25B
YoY Change	-0.37%	-2.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.482B	$1.360B
YoY Change	8.97%	-4.09%
Accrued Expenses	$420.0M	$468.0M
YoY Change	-10.26%	0.43%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.000M	$2.000M
YoY Change	-50.0%	100.0%
Total Short-Term Liabilities	$2.929B	$2.303B
YoY Change	27.18%	-6.19%
LONG-TERM LIABILITIES
Long-Term Debt	$1.724B	$2.538B
YoY Change	-32.07%	40.61%
Other Long-Term Liabilities	$3.901B	$4.146B
YoY Change	-5.91%	12.02%
Total Long-Term Liabilities	$5.625B	$6.684B
YoY Change	-15.84%	21.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.929B	$2.303B
Total Long-Term Liabilities	$5.625B	$6.684B
Total Liabilities	$10.32B	$10.86B
YoY Change	-4.94%	7.15%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.878B	$3.395B
YoY Change
Total Liabilities & Shareholders Equity	$14.20B	$14.25B
YoY Change	-0.37%	-2.86%

Cashflow Statement

Concept	2021 Q3	2020 Q3
OPERATING ACTIVITIES
Net Income	$337.0M	-$49.00M
YoY Change	-787.76%	-77.83%
Depreciation, Depletion And Amortization	$156.0M	$161.0M
YoY Change	-3.11%	-12.5%
Cash From Operating Activities	$435.0M	$158.0M
YoY Change	175.32%	-9.2%
INVESTING ACTIVITIES
Capital Expenditures	-$83.00M	-$74.00M
YoY Change	12.16%	-14.94%
Acquisitions
YoY Change
Other Investing Activities	$6.000M	-$4.000M
YoY Change	-250.0%	-136.36%
Cash From Investing Activities	-$77.00M	-$78.00M
YoY Change	-1.28%	2.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-545.0M	692.0M
YoY Change	-178.76%	-954.32%
NET CHANGE
Cash From Operating Activities	435.0M	158.0M
Cash From Investing Activities	-77.00M	-78.00M
Cash From Financing Activities	-545.0M	692.0M
Net Change In Cash	-187.0M	772.0M
YoY Change	-124.22%	4441.18%
FREE CASH FLOW
Cash From Operating Activities	$435.0M	$158.0M
Capital Expenditures	-$83.00M	-$74.00M
Free Cash Flow	$518.0M	$232.0M
YoY Change	123.28%	-11.11%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
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CY2020Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y4M24D
CY2021Q3	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
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	us-gaap	Basis Of Accounting BasisOfAccounting	<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">A.<span style="font-weight:normal;"> </span>Basis of Presentation <span style="font-weight:normal;">– The interim Consolidated Financial Statements of Alcoa Corporation and its subsidiaries (Alcoa Corporation, Alcoa, or the Company) are unaudited. These Consolidated Financial Statements include all adjustments, consisting only of normal recurring adjustments, considered necessary by management to fairly state the Company’s results of operations, financial position, and cash flows. The results reported in these Consolidated Financial Statements are not necessarily indicative of the results that may be expected for the entire year. The 2020 year-end balance sheet data was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America (GAAP). This Quarterly Report on Form 10-Q should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, which includes all disclosures required by GAAP.</span></p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In accordance with GAAP, certain situations require management to make estimates based on judgments and assumptions, which may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements. They also may affect the reported amounts of revenues and expenses during the reporting periods. Management uses historical experience and all available information to make these estimates, including considerations for the impact of the coronavirus (COVID-19) pandemic on the macroeconomic environment. The COVID-19 pandemic could adversely impact estimates made as of September 30, 2021 regarding future results, such as the recoverability of goodwill and long-lived assets and the realizability of deferred tax assets. Despite these inherent limitations, management believes that the amounts recorded in the financial statements related to these items are based on its best estimates and judgments using all relevant information available at the time. Management regularly evaluates the judgments and assumptions used in its estimates, and results could differ from those estimates upon future events and their effects or new information. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">References in these Notes to ParentCo refer to Alcoa Inc., a Pennsylvania corporation, and its consolidated subsidiaries through October 31, 2016, at which time it was renamed Arconic Inc. (Arconic) and since has been subsequently renamed Howmet Aerospace Inc. On November 1, 2016 (the Separation Date), ParentCo separated into two standalone, publicly-traded companies, Alcoa Corporation and Arconic Inc. (the Separation Transaction). See Note A to the Consolidated Financial Statements in Part II Item 8 of Alcoa Corporation’s Annual Report on Form 10-K for the year ended December 31, 2020 for additional information. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Principles of Consolidation.<span style="font-weight:normal;"> The Consolidated Financial Statements of Alcoa Corporation include the accounts of Alcoa Corporation and companies in which Alcoa Corporation has a controlling interest, including those that comprise the Alcoa World Alumina & Chemicals (AWAC) joint venture (see below). Intercompany transactions have been eliminated. The equity method of accounting is used for investments in affiliates and other joint ventures over which Alcoa Corporation has significant influence but does not have effective control. Investments in affiliates in which Alcoa Corporation cannot exercise significant influence are accounted for using the cost method. </span></p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">AWAC is an unincorporated global joint venture between Alcoa Corporation and Alumina Limited and consists of several affiliated operating entities, which own, or have an interest in, or operate the bauxite mines and alumina refineries within Alcoa Corporation’s Bauxite and Alumina segments (except for the Poços de Caldas mine and refinery, portions of the São Luís refinery, and investment in Mineração Rio do Norte S.A., all in Brazil) and the Portland smelter in Australia within Alcoa Corporation’s Aluminum segment. Alcoa Corporation and Alumina Limited ultimately own 60% and 40%, respectively, of the AWAC individual entities, which are consolidated by the Company for financial reporting purposes and include Alcoa of Australia Limited (AofA), Alcoa World Alumina LLC (AWA), and Alcoa World Alumina Brasil Ltda. (AWAB). Alumina Limited’s interest in the equity of such entities is reflected as Noncontrolling interest on the accompanying Consolidated Balance Sheet.</p>
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CY2020Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	176000000
CY2021Q3	us-gaap	Inventory Net InventoryNet	1702000000
CY2021Q2	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	500000000
CY2021Q3	aa	Minimum Required Cash Contribution To Pension Plan Excepted Future Payments Remainder Of Fiscal Year MinimumRequiredCashContributionToPensionPlanExceptedFuturePaymentsRemainderOfFiscalYear	80000000
CY2021Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-222000000
CY2021Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-82000000
CY2020Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-333000000
CY2020Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-29000000
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-922000000
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-201000000
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	6000000
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-67000000
CY2020Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	19000000
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
	aa	Income Tax Expense Benefits On Losses Valuation Reserves IncomeTaxExpenseBenefitsOnLossesValuationReserves	0
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1270000000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136000000
	aa	Estimated Annualized Effective Tax Rate EstimatedAnnualizedEffectiveTaxRate	0.267
	aa	Estimated Annualized Effective Tax Rate EstimatedAnnualizedEffectiveTaxRate	1.364
	aa	Income Tax Expense Benefit From Estimated Annualized Effective Tax Rate IncomeTaxExpenseBenefitFromEstimatedAnnualizedEffectiveTaxRate	339000000
	aa	Income Tax Expense Benefit From Estimated Annualized Effective Tax Rate IncomeTaxExpenseBenefitFromEstimatedAnnualizedEffectiveTaxRate	185000000
	aa	Favorable Impact Income Tax Expense Benefit FavorableImpactIncomeTaxExpenseBenefit	-7000000
	aa	Favorable Impact Income Tax Expense Benefit FavorableImpactIncomeTaxExpenseBenefit	-17000000
	aa	Discrete Tax Benefit Expense DiscreteTaxBenefitExpense	-1000000
	aa	Discrete Tax Benefit Expense DiscreteTaxBenefitExpense	-1000000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	331000000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	167000000
	aa	Lessee Operating Lease Remaining Lease Term1 LesseeOperatingLeaseRemainingLeaseTerm1	less than one
CY2021Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	16000000
	us-gaap	Operating Lease Cost OperatingLeaseCost	54000000
	us-gaap	Operating Lease Cost OperatingLeaseCost	57000000
CY2021Q3	us-gaap	Variable Lease Cost VariableLeaseCost	4000000
CY2020Q3	us-gaap	Variable Lease Cost VariableLeaseCost	2000000
	us-gaap	Variable Lease Cost VariableLeaseCost	9000000
	us-gaap	Variable Lease Cost VariableLeaseCost	7000000
CY2021Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1000000
CY2020Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1000000
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	2000000
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	2000000
CY2021Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.051
CY2020Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.052
CY2021Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	108000000
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	137000000
CY2021Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	42000000
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	60000000
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	82000000
CY2021Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	111000000
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	142000000
CY2021Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3000000
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	15000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	17000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	38000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	24000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	15000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	10000000
CY2021Q3	aa	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	24000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	128000000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	17000000
CY2021Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	111000000
CY2019Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	335000000
CY2020	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	7000000
CY2020	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	19000000
CY2020	aa	Accrual For Environmental Loss Contingencies Foreign Currency Translation Gain Loss And Other AccrualForEnvironmentalLossContingenciesForeignCurrencyTranslationGainLossAndOther	-1000000
	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	8000000
	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	14000000
CY2021Q3	us-gaap	Accrued Environmental Loss Contingencies Current AccruedEnvironmentalLossContingenciesCurrent	37000000
CY2020Q4	us-gaap	Accrued Environmental Loss Contingencies Current AccruedEnvironmentalLossContingenciesCurrent	29000000
CY2021Q3	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	4000000
	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	8000000
CY2021Q3	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	3000000
	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	14000000
	us-gaap	Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates	-17000000
CY2020Q3	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	4000000
	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	6000000
CY2020Q3	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	5000000
	us-gaap	Translation Adjustment Functional To Reporting Currency Increase Decrease Gross Of Tax TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax	-6000000
CY2021Q3	us-gaap	Accrual For Environmental Loss Contingencies Undiscounted Due In Remainder Of Fiscal Year AccrualForEnvironmentalLossContingenciesUndiscountedDueInRemainderOfFiscalYear	6000000
CY2021Q3	aa	Accrual For Environmental Loss Contingencies Undiscounted One To Five Year AccrualForEnvironmentalLossContingenciesUndiscountedOneToFiveYear	176000000
CY2021Q3	us-gaap	Accrual For Environmental Loss Contingencies Undiscounted Due After Fifth Year AccrualForEnvironmentalLossContingenciesUndiscountedDueAfterFifthYear	115000000
CY2021Q3	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	297000000
CY2021Q3	aa	Accrual Environmental Loss Active Remediation Future Remediation For Significant Individual Sites AccrualEnvironmentalLossActiveRemediationFutureRemediationForSignificantIndividualSites	241000000
CY2020Q4	aa	Accrual Environmental Loss Active Remediation Future Remediation For Significant Individual Sites AccrualEnvironmentalLossActiveRemediationFutureRemediationForSignificantIndividualSites	259000000
CY2021Q3	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	8000000
CY2020Q3	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-2000000
	aa	Income Loss From Equity Method Investments Nonoperating IncomeLossFromEquityMethodInvestmentsNonoperating	-43000000
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-8000000
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2000000
CY2020Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3000000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-5000000
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	132000000
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	174000000
CY2020Q3	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-3000000
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-12000000
CY2020Q3	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	28000000
	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	37000000
	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	80000000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5000000
CY2020Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-45000000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	147000000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	36000000

Files In Submission

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2021 Q3 Form 10-Q Financial Statement

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$AA Alcoa Corp Stock $aa

2021 Q3 Form 10-Q Financial Statement

#000156459021052672 Filed on October 28, 2021

Income Statement

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Files In Submission

$AA
Alcoa Corp Stock $aa